Depends on the bulb/ballast combination. Egg crate is actually called light diffuser and blocks a ton of light from entering the tank. I wouldn't use it long. I'd raise the lights or use a screen.
I don't let my bulbs go beyond where I can just swap them. For a 250w radium 20k with m80 ballast that is 16 months. Ebay bulbs are about 6 months if that.